Course description
Mobile Payments Are Here to Stay - Is Your Business Ready?
Learn about the latest issues impacting mobile payments and how they impact your business. The technological capability of smartphones and other portable handheld electronic devices that access the Internet has increased dramatically over the past few years. This technological evolution in functionality has not only led to the development of new ways for consumers to engage in traditional banking activities (e.g., depositing a check), but also has spawned a revolution in the payments industry by establishing new channels through which consumers can make payments and merchants can take payments. Given that no regulation or guidance has been issued that is specifically applicable to mobile payments or mobile wallets, regulators and companies must adapt regulations written with legacy payments in mind to new payments systems. This topic is intended to provide a working knowledge of the payment system and the various types of payments platforms. The topic will also provide fundamentals on tokenization. Importantly, it will also include a discussion of key legal considerations.
Learning Objectives
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Training content
- Fundamentals of How Card Transactions WorkTypes of Mobile PaymentsTokenizationRegulatory Considerations
Costs
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Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...